GSY Invesco Ultra Short Duration ETF Forecast, Technical & Fundamental Analysis
GSY in +0.04% Uptrend, rising for three consecutive days on December 13, 2024
Moving higher for three straight days is viewed as a bullish sign. Keep an eye on this stock for future growth. Considering data from situations where GSY advanced for three days, in of 318 cases, the price rose further within the following month. The odds of a continued upward trend are .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Moving Average Convergence Divergence (MACD) for GSY just turned positive on November 25, 2024. Looking at past instances where GSY's MACD turned positive, the stock continued to rise in of 47 cases over the following month. The odds of a continued upward trend are .
The Aroon Indicator entered an Uptrend today. In of 782 cases where GSY Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
Bearish Trend Analysis
GSY broke above its upper Bollinger Band on November 25, 2024. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.
General Information
Category UltrashortBond
| 1 Day | |||
|---|---|---|---|
| MFs / NAME | Price $ | Chg $ | Chg % |
| DVLIX | 30.78 | -0.21 | -0.68% |
| BNY Mellon Opportunistic Midcap Value I | |||
| FUGAX | 45.77 | -0.32 | -0.69% |
| Fidelity Advisor Utilities A | |||
| PLVIX | 21.02 | -0.16 | -0.76% |
| Principal Large Cap Value III Inst | |||
| AFICX | 89.49 | -0.75 | -0.83% |
| American Funds Fundamental Invs C | |||
| DASVX | 17.02 | -0.16 | -0.93% |
| Dunham Small Cap Value A | |||
GSY and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, GSY has been closely correlated with VUSB. These tickers have moved in lockstep 83% of the time. This A.I.-generated data suggests there is a high statistical probability that if GSY jumps, then VUSB could also see price increases.
| Ticker / NAME | Correlation To GSY | 1D Price Change % | ||
|---|---|---|---|---|
| GSY | 100% | +0.04% | ||
| VUSB - GSY | 83% Closely correlated | -0.01% | ||
| JPST - GSY | 72% Closely correlated | -0.02% | ||
| MINT - GSY | 67% Closely correlated | N/A | ||
| SHV - GSY | 48% Loosely correlated | N/A | ||
| SGOV - GSY | 31% Poorly correlated | N/A | ||
More | ||||